Archive for the ‘Income Protection Insurance’ Category

refrain from selling your possessions with income protection insurance.

Thursday, October 20th, 2011

You can very easily prevent yourself from having to sell your treasured possessions when you lose your job by taking out income protection insurance. Losing your job is a devastating time and can often be even more so when you have lost your job when you have been in an accident or illness, as you cannot easily look for another job. If you were to take out income protection insurance before you were to lose your job you would be entitled to monthly or weekly tax free payouts which would on average be 65% of your income. Receiving this payout allows you to worry a little less about your financial commitments, which is something you don’t need to be worrying about when you are not well, as you should be focusing on your own recovery. Ideally the payouts from your income protection policy would pay for your financial commitments such as your mortgage or rent and your bills, however if you can easily maintain those payments then you may wish to choose to use it for something which may aid your recovery.
Income protection insurance providers can help you find the right income protection policy for you, which will enable you to have everything you need and at a price you can afford.

Learn about Income Protection!

Thursday, October 13th, 2011

You may think that it will be more beneficial to you if you go direct to one company for your insurance, however, comparison sites can provide you with often cheaper quotes as going direct. You may still think that it is better to go direct to an insurance company, however income protection advisers can offer you unbiased advice and there is no pressure for you to purchase any insurance policy they find for you. In most cases specialists are able to offer preferential rates on the insurance policies they provide.
You may think that as comparison sites they are only trying to get you to buy your insurance through them because they receive commission? However, that is not true. Many advisers and financial ombudsmen receive a basic introducer’s commission which allows them to offer their services to you for free. Even if you choose not to purchase your insurance through them, there services are still free.
Speaking to qualified advisers allows you to learn more about the different income protection policies which are available to you. All advisers will answer any questions you may have and will provide you with quotations from a range of insurers and they will then post, fax or email you with the quotes they have found allowing you to choose the right policy for you.

Finding income protection insurance can be easy if you call an advisor.

Thursday, September 22nd, 2011

Finding an insurance policy and taking it out no longer needs to be complicated. Income protection cover experts have advisers who will take all of the stress out of searching for an income protection policy and then assist you as you go through the process of taking a policy out. If you are looking for an income protection policy all you need to do is get in touch with a registered financial advisor or insurance comparison website and one of their advisers will happily guide you through the process. By gathering information about you they will be able to recommend policies for you and advise on bespoke insurance plans that are designed to suit your exact requirements, more beneficial to you than a policy you may find elsewhere. Insurance advisers will ensure that you fully understand the policy you have chosen and what you will receive from it.
When you take out an income protection policy, it will allow you to receive a payout which on average is 65% of your gross income and this will be paid to you in weekly or monthly tax free payments. This policy is ideal to take out if you rely on your wages and live from payday to payday as it allows you to know that you will not be in complete financial difficulty.

Think about these questions and learn how income protection insurance can help you.

Thursday, September 8th, 2011

Have you thought about protecting your income? Do you have any protection in place for your income? There’s a high chance that your answer to those two questions is no. Have you thought about the effects a loss of income could have on yourself and your family? Is the answer to that question ‘no’ too? Then perhaps it is time that you think about the answer to these questions.
Although the UK is now seeing a decrease in the unemployment rates, that doesn’t mean people are no longer at risk of losing their jobs. If you were to become ill or were to be in an accident and were unable to return to work for long periods of time or indefinitely then there is a high chance you could lose your job. If you were to lose your job because you were not well or injured then it is likely you will not be able to find another job to replace the income you have just lost. The only way you can counteract this loss in income is by taking out protection long before you need it. Income protection insurance allows you to receive on average 65% of your income in weekly or monthly tax free payments.

High quality and affordable income protection insurance.

Tuesday, September 6th, 2011

No matter whom you are or what it is that you do there is always a chance you could lose your income and because of this many more people are taking out income protection insurance. This is because they know that they cannot possibly support themselves without an income.

Many people do not know what they would do if they lost their income because of how much they rely on it to get them through the month. People plan on how they spend their income to ensure that it will last them until the next payday and this is why losing that income can have such devastating effects.

There is no reason why losing your income should mean you need to sell your home or treasured possessions as long as you choose the right protection for your income. Income protection comparison sites search for the best insurance policies from the top UK insurance providers. They also have the ability to tailor your insurance policy to suit your needs and so you can be assured that there is no one better to go too for an affordable income protection policy. Protecting your income with insurance does not need to break the bank.

Income protection insurance offers far more benefits than you may actually know.

Monday, August 22nd, 2011

There are many individuals each year that are unexpectedly placed in positions where their income is thrown into disarray and complete jeopardy. These days, losing an income is a worrying and testing experience, especially when it has either been an injury or illness that has caused the loss of income. Seeking the help and advice can be difficult, especially when counting up the cost of your monthly outgoings.

Many who are unfortunate enough to be placed in such a scenario have in the past reported vat changes to their lifestyles as a result of losing a large percentage of the family income, having to resort to selling their homes and valuables as a result. Such measures are not uncommon when faced with situations such as repossession orders and bailiff interactions and in all honesty, one phone call can often be the simplest and easiest way to avoid any of these uncomfortable and invasive events from ever happening.

There are many levels of income protection cover that can be purchased to produce a tailored solution for you and your family. Offering a bespoke and individualised solution to make the most of even the worst case scenarios life throws at you, income protection insurance can hold many significant benefits; the main one of which is a sizable percentage of your monthly wage of salary paid to you either until you return to work, the set period of a policy reaches its end or you retire. Cost effective policies now present the perfect choice for many, making income protection a viable and affordable insurance plan to take out.

Take advantage of Income Protection Insurance, protect your future today.

Monday, August 15th, 2011

In today’s society, we are surrounded by so many types of insurance that often it may make many feel nauseous, with the weight of the world bearing down on their shoulders as to finding the right decision as to what insurance policies are necessary and which ones are just there for added peace of mind and protection.

There are few insurance plans that are designed to assist you over a long term basis and these can be extremely helpful if perhaps you have lost your income through becoming ill or after having an accident. Both individuals and employers can take out income protection insurance plans, and bespoke policies can be set up for employees to benefit from in the event of an accident occurring.

Whatever the events are that lead up to a claim being presented, the fact is there as clear as day….without the right help and assistance, there would be nothing that individual could do to protect their families from feeling the brunt of the effects of a loss of earnings.

The advice for many is to not delay in any way when setting up any income protection. The earlier you start, the less you will pay overall throughout the oncoming years and for many, taking out an Income Protection Insurance Policy has enabled them to receive exceptional peace of mind.

Designed to present you with a tailored and affordable way to protect against future possibilities, especially if your future holds a particular risk that your job security may be flawed in any way, income protection matters and all should consider their options.

Analyse your life

Friday, July 8th, 2011

Take a moment to look at how you live your life. It is not only about getting up for work everyday and then heading home to bed – we do a lot more with our lives. We like to socialise with friends and family, holidays are considered an essential fixture of the year, and many of us want to make sure we are seen in a good car. Analyse your life and the sort of things that you like to do.

Now comes the interesting part of this exercise: add up how much all of this life-style costs you every month. Make sure it is fully itemised and listed in order of importance to you. While you are completing this, just make sure you are imagining in your head how it feels when you are achieving all of this and the prestige you get from it.


Once you have completed this exercise, imagine you are being called into your boss’s office and being told that you are being made redundant. You go home and realise life is going to have to change forever. Now go through your itemised lifestyle and cross out everything you would not be able to afford on a severely reduced income.

How does it feel? What does your lifestyle now look like? What has happened to your prestige? Now imagine that you are opening a folder containing your income protection insurance details and realising that you can make a claim.  You are now aware that your life does not have to change as drastically as you first thought. Go through that list now and add in some of your favourite things about life. There is a strong chance that income protection could protect your way of life if the rainy days came.

Join the growing crowd of people whom are taking out income protection insurance.

Wednesday, May 18th, 2011

Many more people are choosing to take out income protection as they realise just how much it could help them if they were to become unemployed.

Taking out income protection insurance will allow you to have the peace of mind that if you were to become unemployed due to an illness or accident you and your family would not face a financial struggle. Having protected your income allows you to avoid having to sell off your treasured possessions so that you can afford to live.

Income protection allows you to receive monthly or weekly tax free payments when you are unemployed, these payments will be up to 65% of your income. The aim of income protection is to ensure you can maintain your financial commitments such as a mortgage or rent and so that you can have a basic standard of living.

Income protection cover can cost you very little making it a worthwhile piece of insurance to take out especially in a climate where many people are losing their jobs or having to take a cut in hours and pay.

Income protection insurance companies can provide you with a large range of different policies to choose from alongside a team of dedicated advisors who can help you choose the correct policy for your circumstances and requirements.

Make sure you aren’t at risk of losing your income by taking out income protection insurance.

Tuesday, April 26th, 2011

Income protection is something which most of us are taking out. With mortgages and families to look after, individuals can’t afford to lose their jobs or incomes.

Having income protection eases the worry that if you were to lose your job your whole lives wouldn’t fall apart. With income protection it won’t. Having income protection allows you to receive monthly or weekly tax free payments at up to 65% of your current income.

Without income protection many would soon encounter financial difficulty which would result in being knee deep in debts that people couldn’t afford to pay back.

Becoming ill or being in an accident is not something that we choose and so why should it result in a loss of income? Astute persons can control whether or not they lose out on an income by choosing to take out income protection insurance or not. Income protection insurance will mean that you don’t lose your total income, it may mean not receiving as much as you normally would, you may lose a percentage of it but as long as essentials can be afforded then those with insurance won’t lose out.

Financial advisers and insurance companies will work with you to ensure that you take out the correct income protection policy for your situation and requirements at an affordable price.